with as much as the seats have brought in, why has the mining not expanded?
From my understanding, it is a single gpu - or is there more than that? And if it is a single gpu - why not expand?
This is an easy question. Holding BTC has made us a substantial amount of money that we would have missed out on had I expanded the mining operation. If I had spent this money to expand you would be complaining that we would have been better off holding. I’ve been in Bitcoin a long time and decisions like this to wait in order to spend funds has historically been the right one and I’m glad my gamble paid off for us all. We have 2 VII’s and an S17 operating currently. Anyone is free to join me in donating hashes to NastyFans as this is a community organization. I’m leading by example with my mining operation and product line but expect someday I will not be alone in donating to this venture as others continue to grow their interest in the organization’s longterm success. I don’t know how in touch you are with the mining community but it is nearly impossible to find a GPU or ASIC for sale right now at anywhere near MSRP. If you can provide new mining equipment at MSRP let me know and I’ll happily expand when the time is right (likely near the end of the year if history repeats). ok so not just a single gpu. and I am not complaining - just asking. I am thinking that had you expanded over time, it might have proved to be more profitable, that is all. I can get GPU's at cost - if I wanted to. but very limited quantity. as for asics, I agree they are quite overpriced atm. I am still only at +/- 200 TH because of that price. But I also don't have 16 btc saved up. If I did, I would most likely expand. However, I use my BTC for every day expenses and providing for my family, leaves very little left over at the end of the day. But it pays the bills - theirs and mine.  |
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just curious - but most of my questions have thus been ignored. such as my question on whether these have truly made ROI or not. As an outsider, let me ask a rather simple question - and this is based on my limited understanding of how these seats were set up and are treated.
If the funds used to buy seats had been used to buy BTC - would that equal more than 16.801 BTC?
If not, then the seats have made ROI and are, at some level, profitable. And the seat owners may or may not be happy with the level of ROI.
If there would have been more BTC stored by the seat owners had they just simply purchased BTC directly and held it, then the seats have not yet met ROI and are not profitable. And then the only one that has made any profits is the one selling the seats, unless he has spent the entirety of the cost of the seats on minting the seats, mining equipment and maintaining the mining equipment.
Is that a correct assessment?
I also have another question. with as much as the seats have brought in, why has the mining not expanded? From my understanding, it is a single gpu - or is there more than that? And if it is a single gpu - why not expand? It cannot be for a lack of funds, you have many times stated you are a millionaire - so expand. Especially as you have a 11.2 kw/h system. |
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these look great! your work always does. btw, tried to tag you on twitter today but it told me it told me your account was "not found"
thanks mopar, hows the mini prus? twitter? https://m.youtube.com/watch?v=Hx_m7Y9nGtUStill waiting for the mini - they slow as fuck to ship - I have 4 minis, 1 reg and 1 mmu on order LoL and yes - twitter, you used to be on there |
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these look great! your work always does. btw, tried to tag you on twitter today but it told me it told me your account was "not found"
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Hi TheCaliReign,
we agreed via email that I purchase the print. I sent the bitcoins to you and then never heard back from you. This was on 24th february. I expect you to immediately ship the artwork.
Just wanted to state this publicly. Hope you are not trying to scam me.
are you sure you got the right person? if it was email vs here on the site, that is. I believe both were sold here on the forums. |
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my grandson wants one - I will be bidding on his behalf lol
.002 BTC on #4
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so this is like bitpiggy yes? or no? Hey guys! The DigiPiglet Piggy Bank project is halted due to security concerns regarding the QR codes. I wanted to create an easy and safe alternative to hardware wallets and exchanges (with ledger being hacked just recently, I think the idea is not far fetched). However, as there are so many concerns with the creation of paper wallets, the printing process, the danger of compromised computer equipment involved in the process, and other issues, I've decided to put this project on hold. I will be on the lookout for scalable ways to create a secure paper wallet/physical BTC, so that it becomes much easier to give away a couple bucks in crypto. If I find a way, I will start a new project and create something more "covert". As for the DigiPiglets, I am thinking about something new, so stay tuned If anyone wants to contact me, feel free to connect on Instagram ( https://www.instagram.com/digipiglets/) or Twitter ( https://twitter.com/DigiPiglets) be sure to use an air-gapped pc to generate the keys - don't save the output to any files - I generate all the ones I need to do, put them directly to a print file and print it - I then close the print file without saving. the only thing connected to the pc should be (monitor, kb and mouse of course) is the printer. |
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This is the first lightning auction I've seen. I'm curious how many users will take part. Good luck!
I like the artwork. It's many blends of past and future styles/objects is very clever. I particularly like the background that gives it a printed on a sand bag look. Nice job.
you should look back thru collectibles - there have been a few others - if I recall one piece went for just at/or over 1 BTC. |
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I am hoping to be able to buy them unloaded - I would prefer that vs loaded ones.
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looks like another one in the works too  |
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The setup detailed in the thread is still good to use. I just set up 2 for my son a few months ago using those very instructions. You don't really need to do anything to it before you sell it. when you sell it - let me know - I might buy it |
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As an outsider, let me ask a rather simple question - and this is based on my limited understanding of how these seats were set up and are treated.
If the funds used to buy seats had been used to buy BTC - would that equal more than 16.801 BTC?
If not, then the seats have made ROI and are, at some level, profitable. And the seat owners may or may not be happy with the level of ROI.
If there would have been more BTC stored by the seat owners had they just simply purchased BTC directly and held it, then the seats have not yet met ROI and are not profitable. And then the only one that has made any profits is the one selling the seats, unless he has spent the entirety of the cost of the seats on minting the seats, mining equipment and maintaining the mining equipment.
Is that a correct assessment?
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Nice. I can't buy summer clothes, because ltc.tbdice.org pool op thief my finded blocks - around (400000 DOGE) now ~23000 USD from my wallet. You can check my mined blocks. Numbers on pool: 19946 19915 19914 19913 19912 19778 19714 19713 19712 19707 19695 19693 19690 19689 19688 19685 19684 19667 19614 19613 19600 3+ months and no reaction from pool op  I suggest not mining on a pool that has - for years - been known to do this. |
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I think that there is more demand than you might be aware of.
Just this month I have sold over 130 DIY poker chip wallets with denominations of .001, .0025, .005, .0075 and .01
and I am a no one in the physical making business - there are guys out there selling physical bitcoin items left and right! I think you just need to look in the right places.
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happy to see that recipients so far like the chips - I am also looking for some criticisms - ways to improve them. I hope to release more in 2021 Things I notice that I want to fix: 1. the font used for the denominations - looked great on the pc and on the proofs but can be somewhat hard to read on the chip. 2. a way to have the public address on the chip - possibly as a qr code. 39 sets remaining. |
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awesome piece! good luck to all the bidders!
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Using escrow is a good idea, especially being a new coin maker.
There are several trusted escrow providers here in collectibles.
minerjones
krogothmanhattan
anonymousminer
are the first few that come to mind.
I also offer escrow services but in comparison to the 3 above, I am very new at it but I love to do it as a service to the community.
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you are in the right place to announce and check interest - sharing pics/specs of the coin would be helpful.
as for holograms - you are not putting the private keys on the hologram where they are visible? I hope not. Private keys should be - well - private.
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